Convertible Debenture

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Convertible Debenture

An unsecured, convertible bond. That is, a convertible debenture is a bond with no collateral that may, at the bondholder's discretion, be exchanged for common stock in the company issuing the bond. See also: Compulsory convertible debenture.
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The financing, in the amount of CAD75m, will be structured as a senior non-guaranteed debenture, convertible at the discretion of SGF into company shares at a price of CAD9.
On November 21, 2005, the Company entered into a securities purchase agreement with an institutional investor for an aggregate purchase price of $2,500,000, of which the Company has issued (i) a $1,250,000 secured convertible debenture, convertible into shares of our common stock, par value $0.
The option provides that the company will pay the royalty holders USD1,750,000 cash, 7,726,250 company common shares, and a three year USD1,909,500 5% debenture, convertible into common shares at USD0.
In consideration for the acquisition of all businesses related to CLI, including the Commercial Business Bureau, C-Chip paid a portion in cash and issued a convertible debenture, convertible into 1,700,000 shares of our common stock at price of $0.
This private placement will consist of a convertible debenture, convertible into units.
Attunity has granted the Group, subject to shareholder approval, a 30-day option to invest an additional $2 million in the Company in the form of a five-year convertible debenture, convertible at $1.
Under the Letter of Intent, TOM Capital, and other investors, will purchase a minimum of $400,000, and a maximum of $700,000 of Units consisting of a 10%, 2-year, secured convertible debenture, convertible into common shares of the Company at $0.
C3D") (Nasdaq/NMS: CDDD) - developer of Fluorescent Multilayer Disc (FMD) and Card (FMC) technologies, today announced that the Company has received additional financing through the issuance of a $1 million 5% debenture, convertible at a fixed price per share of $0.
OTC:BB - AISI) announced that it entered into a non-binding letter of intent with a Los Angeles-based venture capital firm, pursuant to which such firm has proposed to invest $20,000,000 in Aris in the form of a collateralized debenture, convertible into common stock of the Company.
Additionally, the Company has completed a $1,000,000 convertible debenture, convertible at $2.
Boliden will also provide Taseko with $17M of staged working capital funding in consideration of the allotment and issuance of an interest-free debenture, convertible into shares of Taseko for a 10-year period commencing at prevailing market prices and escalating by $0.
The private placement consists of a $70 million (Canadian), 7 percent, subordinated, unsecured debenture, convertible into common shares at $15 per share.